Group 1 Automotive Inc., a Fortune 250 automotive retailer, reported record revenues and gross profit for the second quarter of 2025. The company achieved total revenues of $5.7 billion, marking a 21.4% increase compared to $4.7 billion in the same quarter of the previous year. Gross profit reached $935.8 million, a 22.1% increase from the prior year quarter. Net income from continuing operations rose to $139.8 million, reflecting a 1.4% increase from $137.9 million in the previous year's second quarter. Adjusted net income from continuing operations, a non-GAAP measure, increased by 12.4% to $149.6 million from $133.1 million. Diluted earnings per common share from continuing operations were reported at $10.77, a 6.1% increase from $10.15 in the prior year quarter. The adjusted diluted earnings per share, a non-GAAP measure, rose by 17.5% to $11.52 from $9.80. The company highlighted strong performance in parts and service, with a gross profit of $402.8 million, a 27.1% increase compared to the previous year. On a same store basis, parts and service gross profit increased by 14.0% to $355.1 million. Group 1 Automotive noted challenges in the U.K. market related to industry volumes and BEV mandate-related margin pressures. However, integration efforts in the U.K. are largely complete, and the majority of brands are performing to expectations, with positive momentum anticipated in the second half of the year. The company continues to focus on SG&A leverage improvement in the U.K. and is actively reviewing underperforming stores. Additionally, same store revenues increased by 7.1%, with strong growth in customer pay and warranty services.
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